Results · Financial Services

Easebuzz revenue rises 9% but profit drops 42%

By Startup Enthusiast · 8 August 2026

What they do

Easebuzz is a full-stack payments solutions provider for small and medium businesses

It reported Rs 716 Cr revenue and Rs 11 Cr profit for FY26, with profit falling 42% from FY25

The profit decline was largely due to a ban on real-money gaming apps and rising expenses

Easebuzz reported Rs 716 Cr revenue from operations for FY26, up 9.1% from Rs 656 Cr in FY25.
Its profit fell 42.1% to Rs 11 Cr from Rs 19 Cr in the previous year.
EBITDA dropped to Rs 14 Cr from Rs 28 Cr, and EBITDA margin shrank to 1.96% from 4.27%.
Return on capital employed (ROCE) fell sharply to 3.52% from 18.25% in FY25.
Total expenses rose 11.7% to Rs 708 Cr, driven by higher employee, IT, and advertising costs.
Transaction fees made up 97.35% of operating revenue at Rs 697 Cr.
The company spent Rs 0.99 to earn every rupee of operating revenue, up from Rs 0.97.
Cash and bank balances fell 26.1% to Rs 105 Cr as of March 2026.

The profit decline was largely due to a ban on real-money gaming apps at the start of FY26, which slowed transaction volumes.
Employee benefit expenses surged 82.7% to Rs 95 Cr, and IT expenses rose 68.8% to Rs 27 Cr.
Advertising and promotional expenses jumped 350% to Rs 9 Cr, adding to cost pressure.
Non-current assets other than cash rose 145 times to Rs 198 Cr, possibly indicating investment in technology or infrastructure.

Easebuzz is a B2B payment gateway that provides full-stack payments solutions for small and medium businesses (SMEs).
It offers plug-and-play APIs for payments, disbursements, and financial operations.
Products include Payment Gateway, Payment Links, Slices, and ePOS (electronic point of sale).
SaaS products include FeesBuzz, EasyCollect, InstaCollect, SmartBilling, Teller, Forms, and Webstore.
Connected Banking & Payouts products include Easebuzz Neo, Wire Payouts, Vendor Payments, SmartX, Tax Payments, and Digital Lending Stack.
It accepts 30+ currencies from 180+ countries via Easebuzz Atlas.
The company offers 150+ payment options and is an RBI Authorised Payment Aggregator.
It received final RBI authorization as an online payment aggregator in February 2025.

The company is applying for a cross-border payment aggregator license to serve international markets.

8i Ventures (existing) — Largest external shareholder with 10.88% stake.
Varanium Capital (existing) — Holds 8.48% stake.
Bessemer Venture Partners (existing) — Holds 8.47% stake and is a backer of the company.

Product: Vertical SaaS platform with embedded payment infrastructure for various sectors
Customers: Businesses across education, real estate, e-commerce, BFSI, government, and travel sectors
How it makes money: Technology platform providing payment aggregation and sectoral SaaS solutions
What sets it apart: Full-stack payment collection infrastructure with RBI payment aggregator licenses
Operations: Handles $50 billion in gross transaction value with 723 crore revenue